Tue.Jul 16, 2024

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How to Master the Subjunctive and Conditional for Precise Legal Writing

Attorney at Work

Ivy Grey | Two powerful grammatical tools help lawyers write about hypotheticals with precision and clarity. The post How to Master the Subjunctive and Conditional for Precise Legal Writing appeared first on Articles, Tips and Tech for Law Firms and Lawyers.

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Clio Launches Its Own Legal-Specific Accounting and Bookkeeping Software as Add-On to Clio Manage

Law Sites

The law practice management company Clio today unveiled Clio Accounting, providing legal-specific bookkeeping and accounting as an add-on to U.S. customers of its Clio Manage platform.

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Insurers Tied to Apollo, KKR Buy Mortgages Outright in New Twist

Insurance Journal

Yield-hungry insurance firms are adopting an unconventional strategy: they’re skipping mortgage-backed bonds and buying the underlying whole loans outright. It’s a trend that’s picked up pace over the last few years.

Insurance 138
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USPTO Updates Eligibility Guidance for AI: ‘We Want to Accelerate AI Innovation Without Locking it Up’

IP Watchdog

The U.S. Patent and Trademark Office (USPTO) announced today that it has updated its Subject Matter Eligibility Guidance to more directly address emerging technologies, specifically artificial intelligence (AI). The guidance also includes three new and detailed examples using hypothetical claims to address common situations, such as “whether a claim recites an abstract idea or whether a claim integrates the abstract idea into a practical application.

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Trial Prep: What Attorneys Really Want (And How to Deliver It)

Speaker: Joe Stephens, J.D., Attorney and Law Professor

Get ready to uncover what attorneys really need from you when it comes to trial prep in this new webinar! Attorney and law professor, Joe Stephens, J.D., will share proven techniques for anticipating attorney needs, organizing critical documents, and transforming complex information into compelling case presentations. Key Learning Objectives: Organization That Makes Sense 🎯 Learn how to structure and organize case materials in ways that align with how attorneys actually work and think.

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Progressive Q2 Net Income Skyrockets Over 320%

Insurance Journal

Progressive Corp. today reported second quarter 2024 results of about $1.5 billion and a combined ratio of 91.9. Results for the Mayfield Village, Ohio-based insurer are in comparison to second quarter 2023 net income of $345.

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The Rise of AI in Newsrooms: Balancing Innovation and Trust

Complex Discovery

Editor’s Note: The integration of artificial intelligence (AI) in newsrooms is revolutionizing the field of journalism. This article examines the diverse applications of AI by various media outlets, highlighting both the potential benefits and the challenges posed by this technology. From Cleveland[dot]com’s generative AI drafts to Aftonbladet’s AI-driven article summaries, and The Washington Post’s Climate Answers chatbot, the deployment of AI aims to enhance productivit

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How to Start a Law Firm Newsletter

Practice Panther

Newsletters are a popular way for people to interact with their favorite brands, and that includes law firms. A law firm newsletter adds value for legal clients and establishes trust, positioning your firm as a leader in your local market. From defining goals, choosing law firm newsletter content, and segmenting your audience — continue reading to learn how to effectively start a law firm newsletter that builds strong client relationships, defines your firm’s brand, and generates new business.

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Surplus Lines’ Commercial Growth; Fla. Litigation Costs Reached New High in 2023

Insurance Journal

Two recent reports reflect trends in Florida’s property insurance market, including the continued growth of surplus lines’ business and an uptick last year in litigation costs for carriers.

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WITNESS STATEMENTS A GUIDE FOR GRADE C FEE EARNERS (AND THOSE WHO SUPERVISE THEM): WEBINAR 18th JULY 2024

Civil Litigation Brief

On the 18th July I am giving a webinar “Drafting witness statements in high value personal injury claims: A guide for Grade C fee earners (and those who supervise them)”, booking details are available here. THE REASON FOR THE WEBINAR.

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Michigan Health Care System to Pay $30K Over Racial Discrimination Suit

Insurance Journal

Beaumont Health (now Corewell Health), a health care system in southeast Michigan, will pay $30,000 and furnish other relief to settle a race discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency announced.

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Visibility Into the Strategy & Supporting Documents of Major US Law Firms

Law Firm Intelligence by Trellis aggregates state trial court data across the Trellis platform enabling users to: look up a particular metric related to a specific law firm (such as, how many cases a law firm had or has against another law firm), and see the actual dockets and documents supporting the metric. Trellis data is maximized in a revolutionary and unique way to provide users an exclusive look into a law firm litigating in state trial courts.

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SERVICE OF THE CLAIM FORM: SETTING JUDGMENT ASIDE; JURISDICTION; DELAY AND DENTON – QUITE A LOT IN ONE CASE

Civil Litigation Brief

There are a lot of issues in the judgment of Master Sullivan in Tradin Organic Agriculture BV v Gold Grain Gida Tarim Urunleri Sanayi Ve Ticaret Anonim Sirketi [2024] EWHC 1562 (KB). Firstly whether the mixing up of pages in.

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Catastrophe Bondholders Sidestep Large Losses From Weather-Related Calamities

Insurance Journal

Last month, amid reports that Hurricane Beryl would become the earliest Category 5 hurricane in history, a group of money managers were busy trying to figure out whether their highly calibrated bets centered on natural catastrophes were about to take …

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NetChoice Decision Hints at Key AI Questions Ahead

IP Watchdog

The United States Supreme Court recently ruled in a pair of cases (Moody v. NetChoice, LLC, 603 U.S. _ (2024)) regarding the constitutionality of laws pertaining to moderation of content on social media platforms. While the cases were reversed and remanded largely on procedural grounds, and the statutes at issue allegedly pertain to social media platforms, vagaries in statutory drafting, the Court’s analysis, and the recent integration of artificial intelligence (AI) into social media platforms

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Hawaiian Residents Return Home After Crews Contain Wind-Swept Wildfire

Insurance Journal

Firefighters have contained a wind-swept wildfire that was threatening about 200 homes on the Hawaiian island of Kauai, authorities said late Monday night, and an evacuation notice for the area has been lifted. The fire burned 1.

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Deposition Prep Like a Pro: Insights from a Paralegal's Playbook

Speaker: Kaitlyn "The Persnickety Paralegal" Story

Deposition preparation is a critical aspect of a paralegal's role, requiring meticulous attention to detail and proactive management of the case timeline. In this session, participants will explore how effective deposition preparation not only contributes to the success of the legal team but also helps maintain a balanced workflow, minimizing last-minute crises.

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Scrutiny and Settlements: Recent Legal Battles Highlight Corporate and Regulatory Accountability

Complex Discovery

Editor’s Note: In today’s complex and interconnected business environment, corporate practices and regulatory frameworks often intersect, leading to significant legal challenges and settlements. This article delves into recent high-profile legal battles that underscore the critical importance of ethical behavior and accountability across various sectors, particularly technology, finance, and aerospace.

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PwC Weighs Halving of China Financial Services Audit Staff, Sources Say

Insurance Journal

PricewaterhouseCoopers (PwC) is considering slashing up to half its financial services auditing staff in China, two people with knowledge of the matter said, as a regulatory investigation and an exodus of clients darken business prospects.

Insurance 111
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OpenAI NDAs violate whistleblower laws, attorneys tell SEC

Legal Dive

Even if the company has cleaned up its act, its past effort to keep insiders from talking about generative AI risks needs investigating, the attorneys say.

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TWIA Actuarial Committee Recommends 10% Rate Increase for 2025 Policies

Insurance Journal

The Texas Windstorm Insurance Association Actuarial & Underwriting Committee voted on Monday, July 15 to recommend that the TWIA Board of Directors approve a rate filing to increase rates by 10% for 2025 residential policies and by 10% for 2025 …

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Stay On Top of Newly Filed State & Federal Litigation: Curated Just for You!

With Daily Filings Report by Trellis you will receive an email and csv file daily with all new cases filed in the jurisdictions you're tracking. Each new case will include all case metadata like judge, parties, counsel, practice area, and even direct links to the full docket and complaint. Trellis Daily Filings Reports provide direct access to newly filed state and federal litigation curated just for you.

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The Great Big Legal Offsite 2024

Legally Speaking

On the 3rd of July 2024, Legally Speaking Podcast and HiveRisk launched the first Great Big Legal Offsite event. Powered by Clio and aimed at managing partners, managing directors and other key members of law firm leadership teams, the offsite event brought senior members of the legal community together to strategise, collaborate and network.

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Buffett’s Berkshire Hathaway Sets, Closes at Record High

Insurance Journal

Berkshire Hathaway’s share price set a record high on Monday, reflecting investors’ confidence in Warren Buffett’s company, which is often regarded as a microcosm of the broader American economy. The price of Berkshire’s Class A shares closed up 2.

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Ransomware leak site posts jumped 20% in Q2

Legal Dive

Threat groups claimed attacks on 1,237 organizations during the quarter, marking an increase from Q1. U.S.-based businesses accounted for more than half of all victims, Reliaquest found.

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People Moves: Florida Peninsula Holdings Makes Cantor Vice Chair of Board

Insurance Journal

Florida Peninsula Holdings and Windward Holdings, which together own and manage Florida Peninsula Insurance Co., Edison Insurance and Ovation Home Insurance Exchange, has named is co-founder vice chairman of the board.

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From Hours to Minutes: How Transcript Genius is Saving Attorneys Time with Dynamic Summaries

Steno

Attorneys have long struggled with efficiently extracting relevant information from lengthy deposition transcripts. Now there's a way to tackle this issue head-on. Transcript Genius , Steno's AI-powered tool for transcript analysis, is reshaping the way transcript summarization is done.

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Amazon Must Comply With EEOC’s Pregnancy Bias Probe, Judge Rules

Insurance Journal

A New York federal judge has ordered Amazon.com to comply with a subpoena from a U.S. civil rights agency investigating claims that the online retailer discriminated against pregnant warehouse workers. U.S.

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Self-proclaimed bitcoin inventor Craig Wright referred to prosecutors

Securities Docket

Craig Wright, an Australian man who claimed to be the inventor of bitcoin was on Tuesday referred to British prosecutors for committing alleged perjury. On Tuesday, British High Court Judge James Mellor decided to refer a case against Wright’s claim to be the inventor of bitcoin to the Crown Prosecution Service — which is the organization that prosecutes criminal cases investigated by the police in England and Wales.

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Occupational Healthcare Firm Concentra Eyes $3.3 Billion Valuation in IPO

Insurance Journal

Concentra Group, a Select Medical unit, is eyeing a valuation of $3.30 billion in its U.S. initial public offering, joining a growing list of firms testing the market after a near two-year dry spell.

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FTX, CFTC Agree to $4 Billion Claim Settlement in Bankruptcy

Securities Docket

FTX Trading Ltd. reached a $4 billion bankruptcy settlement with the Commodity Futures Trading Commission, resolving massive fraud claims against the collapsed cryptocurrency firm through a customer-friendly deal. The agreement, presented to the US Bankruptcy Court for the District of Delaware, would cap the CFTC’s $52.2 billion claim against FTX and related entities at a significantly reduced amount and advance the companies’ bid to repay customers and exit Chapter 11.

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World Insurance Acquires Rhode Island’s Affiliated Insurance Managers

Insurance Journal

Insurance broker World Insurance Associates announced that it recently acquired the business of Affiliated Insurance Managers (AIM) of Warwick, Rhode Island. AIM was founded in 1937.

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Legal IT Insider launches inaugural Practice Management System Report – Download it here!

Legal IT Insider

Legal IT Insider has today (16 July) launched the first-ever practice management system industry report, which takes an unparalleled, in-depth look at the functionality of many PMS systems in the […] The post Legal IT Insider launches inaugural Practice Management System Report – Download it here! appeared first on Legal IT Insider.

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Viewpoint: Deepfake Fraud Is On the Rise. Here’s How Insurers Can Respond

Insurance Journal

It is interesting—and telling—that one of the concerns around generative artificial intelligence has to this point largely revolved around copyright infringement.

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2twenty4 Consulting launches free AI project GDPR assessment tool

Legal IT Insider

UK data protection advisory company 2twenty4 Consulting has released a free AI GDPR assessment tool to give firms an idea of how compliant their AI projects are. Based on 2twenty4’s […] The post 2twenty4 Consulting launches free AI project GDPR assessment tool appeared first on Legal IT Insider.

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People Moves: Aon Taps Thomas From Lloyd’s as Head of Lloyd’s Capital; McLarens Names 2 Leadership Appointments in Latin America

Insurance Journal

This edition of International People Moves details appointments at the broker Aon and claims services provider McLarens. A summary of these new hires follows here.

Insurance 111
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Compliance experts: ‘Start preparing now’ for SEC climate rule, other disclosure regulations

Legal Dive

Despite the SEC rule’s temporary stay, sustainability experts said companies should not wait for the court’s ruling to begin preparing for compliance.

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